When wealth expects more
Your high-net-worth clients have worked hard to build their wealth. They have high expectations for how it should be managed. The Envestnet Private Wealth team works directly alongside advisors of clients with more than $1M+ of investable assets, to unlock the potential of our $7T+ ecosystem.
Helping advisors deliver personalized wealth experiences
As client expectations for wealth management become more personalized, we help you deliver where it matters most. Backed by 120+ investment professionals, over 39+ years of consulting experience, and more than 5,000 approved investment strategies across SMAs, alternatives, and beyond, Envestnet empowers advisors to create customized wealth experiences for high-net-worth and ultra-high-net-worth clients.*
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High-net-worth portfolio management that delivers
A sophisticated investment approach
Our ActivePassive investment philosophy, combined with capabilities like tax overlays and direct indexing, helps you build efficient portfolios, enabling clients to keep more of what they earn.
Solutions designed for high-net-worth needs
That’s why we offer portfolios with a range of customization options. Building a portfolio that adapts to a high-net-worth client’s evolving needs is key to helping clients stay invested over the long-term.
An exceptional experience
Your Envestnet Private Wealth team, including a dedicated client portfolio manager and experienced CFAs, help you deliver the elevated wealth experience your clients deserve.
Tailored Portfolios That Evolve With Your Clients
Our Private Wealth team partners with you, offering white-glove service and a dedicated client portfolio manager to guide the process. We work alongside you to design personalized portfolios that reflect each client’s goals, life stage, and evolving needs, helping them stay invested for the long term. This is more than a service, it’s a lasting partnership built to support your high-net-worth clients throughout their financial journey. Here’s how our Private Wealth team works with you to deliver a seamless experience:
Discovery
Our first step with each client is to gain a deep understanding of their goals and investor profile, identifying their investing stage and unique needs.
Portfolio development and optimization
Using those insights, along with a review of your client’s existing holdings, we develop a tailored proposed portfolio. Our client portfolio team specializes in identifying inefficiencies and opportunities through:
Strategic asset allocation: Leveraging a mix of Active and Passive strategies aligned with each asset class in an effort to enhance risk-adjusted returns.
Broad investment access: Offering over 5,000 rigorously vetted and approved investment strategies, including SMAs, mutual funds, ETFs, and alternatives, allowing for deep customization based on each client’s unique needs.
Tax efficiency and cost transparency: Designing allocations that optimize for tax outcomes and clarify cost structures, with thoughtful consideration of vehicle selection (e.g., mutual funds vs. SMAs, ETFs vs. direct indexing) and overlay strategies such as tax or value overlays.
Enhanced diversification: Providing clients with greater personalization through our flagship direct indexing solutions, which allow for ownership of underlying securities and enable the construction of more diversified, tax-efficient portfolios.
For more details on Envestnet PMC’s research and approval processes, please contact pmc@envestnet.com or call 1-888-612-9300.
Advisors should always conduct their own research and due diligence on investment products and the product managers prior to offering or making a recommendation to a client.
Presentation
We present the proposed portfolio to both you and your client, ensuring alignment with their goals and circumstances. To facilitate the conversation, we'll access FlightPath, our fully digital investment proposal tool, pending firm availability.
Understand today, visualize tomorrow.
Simplify the complexity of high-net-worth portfolios.
Help clients appreciate the value and vision behind your advice.
Ongoing support
Our commitment doesn’t stop at implementation. We continuously monitor, analyze, and report investment performance, ensuring your client’s portfolio remains aligned with their goals. We are also available to participate in annual in annual client review meetings.
Built to Last: Investing Through Uncertainty
When looking back at the last 100+ years of the S&P 500, the stock market tends to recover and continue to climb following periods of stress. It’s times like these where it’s important to stick to your plan and stay invested.
July 2025 Market Outlook
July was a largely solid month for equity markets. Fixed income asset classes struggled in the face of higher interest rates, though. During one week in July, the S&P 500 notched five straight record highs. That impressive feat last occurred over a year ago.
The Summer Sizzle
June continued the positive momentum from May and even saw the gains broaden further. The S&P 500’s final two trading days in June yielded consecutive record highs. Non-US stock markets also continued climbing, and emerging markets climbed just over 6% to lead the way higher in June.
Learn more
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Whitepaper
Unlocking Personalization at Scale to Better Help Serve Clients Today and Tomorrow
Envestnet’s concept of the Intelligent Financial Life™ represents a shift in the way we approach financial management.
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Whitepaper
Annuities as an Asset Class for Fee Based Advisors
RIAs usually emphasize investment-centric approaches that rely on earning the risk premium from the stock market as the most effective way to support a retired client's financial goals.
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Whitepaper
Help Clients Keep More: Managing the Impact of Taxes in a Personalized Way
In this issue of Sharing Perspectives, we offer insights on the importance of tax optimization and why a personalized approach matters.
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eBook
Rethinking Expectations for High-Net-Worth Investors
This study looks at advisors who serve HNW clients to find out which services they use most, what they’re happy with, and where there is room for improvement.
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eBook
An Opportunity within Reach: A Guide to Retaining Today's High-Net-Worth Investor
Whether your clients have wealth in the $1 to $5 million range, the $5 to $30 million range, or $30 million and above, this guide to retaining HNW clients is intended to provide valuable insights.
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eBook
An Opportunity within Reach: A Guide to Understanding Today's High-Net-Worth Investor
This guide, the first in a series of practical implementation guides, is meant to help you understand today’s HNW investors.
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eBook
Investment Methodology Guide
This Investment Methodology Guide summarizes PMC’s research and portfolio construction work, which are embedded into services available on the Envestnet platform.
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Whitepaper
Asset Class Portfolios Methodology
More than half a century has passed since Markowitz introduced the Nobel Prize-winning theory of optimal portfolio allocation in the mean-variance framework.
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Brochure
Do Active ETFs Delivery on Tax Efficiency?
Active ETFs can offer significant tax reductions, on average, versus active mutual funds in three of the four categories we examine. Active ETFs may provide direct cost savings, too.
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Brochure
Overview: FIDx Desk
FIDX Desk expands the solutions you can bring your clients by providing access to a diverse selection of annuity providers and products.
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Brochure
Envestnet Retire Complete: A retirement Plan that Works for You
Joining Envestnet Retire Complete gives you the opportunity to offer tremendous value to your clients, without the administrative headaches traditionally associated with running a retirement plan.
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Brochure
PMC Foundation Series Portfolios
Using a proprietary methodology, PMC constructs a series of risk-based asset class portfolios (ACPs) at various domestic equity tiers, each with a multitude of diversifying asset class combinations.
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Brochure
Values Overlay: Personalized Values-Based Screening
The values overlay program at Envestnet allows clients to apply customized values-based restrictions to their investment portfolios.
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Brochure
Tax Overlay Service: Tax Efficient Investing
The Tax Overlay Service is designed to help reduce tax exposure with the goal of improving after-tax returns.
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Brochure
The Nuts and Bolts of EFTs
In the first post of this series, we investigated the potential advantages of ETFs and how they may benefit investors.
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Brochure
Active ETFs are Gathering Steam. What Are They Anyway?
When most people think of Exchange-Traded Funds (ETFs), their minds turn to passively managed products. The growth of active ETFs is changing the landscape, though.
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Brochure
Foundation Series Portfolios: Low Cost, Low Minimum Models
For accounts over $2,000, the PMC Foundation Series include five suites of portfolios designed to provide low-cost investment exposure through index mutual funds or ETFs.
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Brochure
PMC Active Passive Foundation Portfolios
Constructed exclusively with PMC’s proprietary ActivePassive ETFs, the PMC ActivePassive Foundation Portfolios bring together two seeming opposite investment approaches.
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Brochure
PMC Environmental Active Passive Portfolios
A diversified portfolio solution for investors looking to manage exposure to climate risks and capture climate related investment opportunities.
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Brochure
Values Overlay Services
Values Overlay Services provides a truly customized experience, allowing advisors to exclude investment exposures based on a client’s personal preferences.
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Brochure
Strategic ETF Portfolios
Featuring thoughtful asset allocation and systematic rebalancing, the PMC Strategic ETF portfolios are a straightforward investment solution intended to help investors.
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Brochure
Private Wealth Consulting: A Customized Service for High-Net-Worth Investors
Envestnet | PMC’s Private Wealth Consulting offers customized investment solutions and white-glove service for individual and institutional investors with more than $1 million of investable assets.
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Whitepaper
Leveraging Both Sides of the Balance Sheet to Help Build Wealth
Integrated financial technology and the ever-increasing availability of detailed account data has created an opportunity to borrow - strategically or tactically - to accomplish financial goals.
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Whitepaper
Active vs. Passive Asset Management
In this latest release of the Active vs Passive Management research, we have updated previous results on Morningstar category classification into “active” or “passive.”
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Brochure
Quantitative Portfolios: Beyond Beta
Quantitative Portfolios (QPs) are a suite of asset class-specific investments that blend the benefits of “beta” investing with the portfolio customization of managed accounts.
*As of December 31, 2024
Disclosures
The information, analysis, and opinions expressed herein are for general and educational purposes only. Nothing contained in this brochure is intended to constitute legal, tax, accounting, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. All investments carry a certain risk, and there is no assurance that an investment will provide positive performance over any period of time. An investor may experience loss of principal. The asset classes and/or investment strategies described may not be suitable for all investors and investors should consult with an investment advisor to determine the appropriate investment vehicle.
Investment decisions should always be made based on the investor’s specific financial needs and objectives, goals, time horizon, and risk tolerance. Past performance is not indicative of future results.
Investments in smaller companies carry greater risk than is customarily associated with larger companies for various reasons such as volatility of earnings and prospects, higher failure rates, and limited markets, product lines or financial resources. Investing overseas involves special risks, including the volatility of currency exchange rates and, in some cases, limited geographic focus, political and economic instability, and relatively illiquid markets. Income (bond) funds are subject to interest rate risk which is the risk that debt securities in a fund’s portfolio will decline in value because of increases in market interest rates.
Advisors should always conduct their own research and due diligence on investment products and the product managers prior to offering or making a recommendation to a client.
Neither Envestnet, Envestnet | PMC™ nor its representatives render tax, accounting or legal advice. Any tax statements contained herein are not intended or written to be used, and cannot be used, for the purpose of avoiding U.S. federal, state, or local tax penalties. Taxpayers should always seek advice based on their own particular circumstances from an independent tax advisor.
Diversification does not guarantee a profit or guarantee protection against losses. Advisors should always conduct their own research and due diligence on investment products and the product managers prior to offering or making a recommendation to a client.
FOR ONE-ON-ONE USE WITH A CLIENT’S FINANCIAL ADVISOR ONLY.